WTK Holdings Bhd (XKLS:4243) Debt-to-Equity : 0.59 (As of Sep. 2024)

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What is WTK Holdings Bhd Debt-to-Equity?

WTK Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM141.5 Mil. WTK Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM313.5 Mil. WTK Holdings Bhd's Total Stockholders Equity for the quarter that ended in Sep. 2024 was RM766.3 Mil. WTK Holdings Bhd's debt to equity for the quarter that ended in Sep. 2024 was 0.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for WTK Holdings Bhd's Debt-to-Equity or its related term are showing as below:

XKLS:4243' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.25 Max: 0.62
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of WTK Holdings Bhd was 0.62. The lowest was 0.18. And the median was 0.25.

XKLS:4243's Debt-to-Equity is ranked worse than
51.61% of 498 companies
in the Conglomerates industry
Industry Median: 0.57 vs XKLS:4243: 0.59

WTK Holdings Bhd Debt-to-Equity Historical Data

The historical data trend for WTK Holdings Bhd's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WTK Holdings Bhd Debt-to-Equity Chart

WTK Holdings Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.25

0.34

0.30

0.49

WTK Holdings Bhd Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.48	0.49	0.59	0.62	0.59

Competitive Comparison of WTK Holdings Bhd's Debt-to-Equity

For the Conglomerates subindustry, WTK Holdings Bhd's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WTK Holdings Bhd's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, WTK Holdings Bhd's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WTK Holdings Bhd's Debt-to-Equity falls into.

WTK Holdings Bhd Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WTK Holdings Bhd's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(164.78	+	209.677)	/	766.906
	=	0.49

WTK Holdings Bhd's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(141.523	+	313.539)	/	766.307
	=	0.59

WTK Holdings Bhd (XKLS:4243) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

WTK Holdings Bhd Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of WTK Holdings Bhd's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

WTK Holdings Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » WTK Holdings Bhd (XKLS:4243) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Bujang Suntong, Bangunan Hung Ann, Sibu, SWK, MYS, 96000

Website

https://www.wtkholdings.com

WTK Holdings Bhd is an investment holding company. The business activity of the firm functions through Timber, Plantation, Tapes, Food, and Investment holding, and other segments. The Timber segment is engaged in the extraction and sale of timber, the manufacture and sale of plywood, veneer, and sawn timber, and reforestation. The Plantation segment consists of upstream oil palm plantation activities and downstream palm oil mill operations. The Tapes segment is involved in the manufacture, and sales of adhesive and gummed tapes and the trading of tapes, foil, papers, and electrostatic discharge products. The Food segment is engaged in sales of frozen, chill, and consumer products. It has a business presence in Malaysia, Japan, Singapore, Taiwan, Australia and other countries.

WTK Holdings Bhd Headlines

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